• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What is a Layer-1 (L1) Blockchain? L1 Problems & Future

2025-05-03

What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

2025-05-02

What Is a Layer-0 Blockchain Protocol?

2025-05-02

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    2025-05-03

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    2025-05-02

    What Is a Layer-0 Blockchain Protocol?

    2025-05-02

    What They Are and What They Are For

    2025-04-17

    What It is & Why it Matters

    2025-04-16
  • Videos

    🧨 More Bitcoin Gains Coming? 💎 All Signals Green! ✅

    2025-05-01

    Bitcoin Core Attacking Bitcoin

    2025-05-01

    💡 How Bitcoin Could Demonetize the Planet!

    2025-04-30

    How Michael Saylor Leverages Debt for Bitcoin??!!

    2025-04-30

    Tesla & Nvidia: Why I’d Sell My Property NOW!

    2025-04-30
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Altcoins»Polygon Signals Recovery To $0.75
Altcoins

Polygon Signals Recovery To $0.75

2023-06-22No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

MATIC price is recovering from the $0.55 support zone. Polygon might rise further toward the $0.725 and $0.750 resistance levels.

  • MATIC price is attempting a recovery wave above the $0.60 resistance against the US dollar.
  • The price is trading above $0.64 and the 100 simple moving average (4 hours).
  • There was a break above a key bearish trend line with resistance near $0.605 on the 4-hour chart of the MATIC/USD pair (data source from Kraken).
  • The pair could continue to rise if it clears the $0.725 resistance zone.

Polygon’s MATIC Price Attempts Recovery

In the past few days, Polygon’s price saw a major decline from well above $0.80. MATIC declined below the $0.750 support to move into a bearish zone.

A low is formed near $0.5432 and the price is now attempting a fresh increase, similar to Bitcoin and Ethereum. The price was able to climb above $0.60. Besides, there was a break above a key bearish trend line with resistance near $0.605 on the 4-hour chart of the MATIC/USD pair.

It broke the 23.6% Fib retracement level of the downward move from the $0.9067 swing high to the $0.5432 low. MATIC price is now trading above $0.64 and the 100 simple moving average (4 hours). It is now facing resistance near the $0.725 level.

If there is an upside break above the $0.725 resistance level or the 50% Fib retracement level of the downward move from the $0.9067 swing high to the $0.5432 low, the price could continue to recover. The next major resistance is near $0.78.

MATIC Price Prediction

Source: MATICUSD on TradingView.com

See also  Render Delivers With 40% Gain As RNDR Dominates Charts

A clear move above the $0.78 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $0.80 level or $0.82.

Fresh Decline in MATIC?

If MATIC’s price fails to rise above the $0.725 resistance level, it could start a fresh decline. Immediate support on the downside is near the $0.65 level.

The main support is near the $0.625 level. A downside break below the $0.625 level could open the doors for a fresh decline toward $0.60. The next major support is near the $0.55 level.

Technical Indicators

4 hours MACD – The MACD for MATIC/USD is gaining momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for MATIC/USD is now above the 50 level.

Major Support Levels – $0.65 and $0.625.

Major Resistance Levels – $0.725, $0.75, and $0.78.

Polygon Recovery Signals
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

🧨 More Bitcoin Gains Coming? 💎 All Signals Green! ✅

2025-05-01

[URGENT] Critical Bitcoin Signals You CAN’T Miss!

2025-04-19

This Signals Bitcoin’s Next Huge Move

2025-04-14

BTC Daily: 🚀 Bonkers ₿ Bitcoin Recovery 🔥

2025-04-09
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

The Sunday Live Show – THE TOKEN I WILL GO HEAVE ON!

2024-03-10

I will show you how I make significant gains in the crypto market! Don’t like…

Videos

Does Bitcoin Have A Use Case?

2025-03-06

Please help to support this channel’s work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss Bitcoin’s ……

DeFi

Charles Hoskinson Says Cardano Bitcoin (cBTC) Has Huge Potential for DeFi

2023-04-18

DeFi Cardano Bitcoin (cBTC) offer the opportunity to integrate the largest cryptocurrency into the Cardano…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What is a Layer-1 (L1) Blockchain? L1 Problems & Future

2025-05-03

What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

2025-05-02

What Is a Layer-0 Blockchain Protocol?

2025-05-02

🧨 More Bitcoin Gains Coming? 💎 All Signals Green! ✅

2025-05-01
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 93,996.18
ethereum
Ethereum (ETH) $ 1,792.79
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.14
bnb
BNB (BNB) $ 585.77
solana
Solana (SOL) $ 143.38
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.169922
cardano
Cardano (ADA) $ 0.670967
tron
TRON (TRX) $ 0.246815
bitcoin
Bitcoin (BTC) $ 93,996.18
ethereum
Ethereum (ETH) $ 1,792.79
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.14
bnb
BNB (BNB) $ 585.77
solana
Solana (SOL) $ 143.38
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.169922
cardano
Cardano (ADA) $ 0.670967
tron
TRON (TRX) $ 0.246815